Markets Retest the Iran Rally Without a Signed Deal
The rally was a bet on paper that still has not appeared, so prices now test the credibility of hope.
Theo Kaplan
Bureau: San Francisco
SpaceX Shares Jump Above $150 in First Public Trade
The stock pop is not only a rocket bet; it prices Starlink, xAI dreams, Mars optionality, and Musk control.
Oracle's AI Bill Stays on the Screen
Oracle can show demand, but investors keep asking who funds the bridge to the data-center future.
DoorDash Turns Dinner Into an Agent Test
Consumer agents become real when they touch menus, payments, substitutions, couriers, and refunds.
Enterprise AI Buyers Want Implementation, Not Theology
The buyer wants control, cost discipline, and deployment; model fandom is not a procurement strategy.
Oil Traders Watch Hormuz, Not Posts
Oil can fall on a peace post, but it stays disciplined by tankers and the strait.
SoftBank's OpenAI Loan Looks Riskier After Oracle
When AI capex gets punished, collateralized enthusiasm starts to look like leverage.
Buffett Warning Looks Less Quaint After the Rally
When a market rallies on an unverified deal, old warnings about discipline sound less nostalgic.